Republic of Poland Financial Sector Assessment Program : Cooperative Banks and Credit Unions

This technical note reviews the cooperative bank and credit union sectors. It focuses on: (i) thesituation of the two sectors that are both in states of transition; (ii) the regulatory and supervisory arrangements; and (iii) the safety net and reso...

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Main Authors:	International Monetary Fund, World Bank
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2019
Subjects:	COOPERATIVE BANKING CREDIT UNION ASSOCIATION OF CREDIT UNIONS FINANCIAL SAFETY NETS BANKING SUPERVISION DISTRESS RESOLUTION
Online Access:	http://documents.worldbank.org/curated/en/368491559579376785/Poland-Cooperative-Banks-and-Credit-Unions-Technical-Note http://hdl.handle.net/10986/31809

id	okr-10986-31809
recordtype	oai_dc
spelling	okr-10986-318092021-05-25T09:24:22Z Republic of Poland Financial Sector Assessment Program : Cooperative Banks and Credit Unions International Monetary Fund World Bank COOPERATIVE BANKING CREDIT UNION ASSOCIATION OF CREDIT UNIONS FINANCIAL SAFETY NETS BANKING SUPERVISION DISTRESS RESOLUTION This technical note reviews the cooperative bank and credit union sectors. It focuses on: (i) thesituation of the two sectors that are both in states of transition; (ii) the regulatory and supervisory arrangements; and (iii) the safety net and resolution regime within the context of the crisis management framework. In addition, key perspectives are provided as to the sustainability ofinstitutional models and the sectors within a modernizing and competitive banking sector. This note was prepared using information from the authorities and market participants that was received in the first semester of 2018 at the time of the visit of the authors. Although in some instances there is subsequent improvement in the performance of some cooperative banks and credit unions, the authors believe such changes do not modify substantially the main conclusions and recommendations made. Most cooperative banks and credit unions are stable, but each sector has its own issues. The FSAP is broadly supportive of the policy direction for cooperatives, while it questions whether the credit union sector should remain standalone. Combined, cooperative banks and credit unions represent less than 8 percent of deposit takers, though more importantly they serve about 18 percent of the population. 2019-06-06T20:55:02Z 2019-06-06T20:55:02Z 2019-05-01 Report http://documents.worldbank.org/curated/en/368491559579376785/Poland-Cooperative-Banks-and-Credit-Unions-Technical-Note http://hdl.handle.net/10986/31809 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Financial Sector Assessment Program Economic & Sector Work Europe and Central Asia Poland
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	COOPERATIVE BANKING CREDIT UNION ASSOCIATION OF CREDIT UNIONS FINANCIAL SAFETY NETS BANKING SUPERVISION DISTRESS RESOLUTION
spellingShingle	COOPERATIVE BANKING CREDIT UNION ASSOCIATION OF CREDIT UNIONS FINANCIAL SAFETY NETS BANKING SUPERVISION DISTRESS RESOLUTION International Monetary Fund World Bank Republic of Poland Financial Sector Assessment Program : Cooperative Banks and Credit Unions
geographic_facet	Europe and Central Asia Poland
description	This technical note reviews the cooperative bank and credit union sectors. It focuses on: (i) thesituation of the two sectors that are both in states of transition; (ii) the regulatory and supervisory arrangements; and (iii) the safety net and resolution regime within the context of the crisis management framework. In addition, key perspectives are provided as to the sustainability ofinstitutional models and the sectors within a modernizing and competitive banking sector. This note was prepared using information from the authorities and market participants that was received in the first semester of 2018 at the time of the visit of the authors. Although in some instances there is subsequent improvement in the performance of some cooperative banks and credit unions, the authors believe such changes do not modify substantially the main conclusions and recommendations made. Most cooperative banks and credit unions are stable, but each sector has its own issues. The FSAP is broadly supportive of the policy direction for cooperatives, while it questions whether the credit union sector should remain standalone. Combined, cooperative banks and credit unions represent less than 8 percent of deposit takers, though more importantly they serve about 18 percent of the population.
format	Report
author	International Monetary Fund World Bank
author_facet	International Monetary Fund World Bank
author_sort	International Monetary Fund
title	Republic of Poland Financial Sector Assessment Program : Cooperative Banks and Credit Unions
title_short	Republic of Poland Financial Sector Assessment Program : Cooperative Banks and Credit Unions
title_full	Republic of Poland Financial Sector Assessment Program : Cooperative Banks and Credit Unions
title_fullStr	Republic of Poland Financial Sector Assessment Program : Cooperative Banks and Credit Unions
title_full_unstemmed	Republic of Poland Financial Sector Assessment Program : Cooperative Banks and Credit Unions
title_sort	republic of poland financial sector assessment program : cooperative banks and credit unions
publisher	World Bank, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/368491559579376785/Poland-Cooperative-Banks-and-Credit-Unions-Technical-Note http://hdl.handle.net/10986/31809
_version_	1764475119440232448

Republic of Poland Financial Sector Assessment Program : Cooperative Banks and Credit Unions

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